SMFG NEWS why is Sumitomo Mitsui Financial Group Inc price falling or rising

SMFG NEWS reasons for why stock price of Sumitomo Mitsui Financial Group Inc is falling or rising

SMFG Sumitomo Mitsui is falling or rising technical reasons

Technical analysis forecast of Sumitomo Mitsui Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Sumitomo Mitsui SMFG at this time. Stock is rising and might rise more.

It appears as if Sumitomo Mitsui SMFG gave a large move recently.

Stock of Sumitomo Mitsui (SMFG) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Sumitomo Mitsui is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 13.1 as stoploss in an intra day sell trade for a target of 12.82. However, stock will show a bullish move above 13.1.

SMFG Sumitomo Mitsui is falling or rising NEWS fundamental reasons

More announcements and NEWS

SMFG Sumitomo Mitsui Financial Group Inc current price & indicator signals

Moving Averages for Sumitomo Mitsui Financial Group Inc

  • 5Day Average: 13.02
  • 12Day Average: 12.81
  • 20Day Average: 12.75
  • 50Day Average: 12.95
  • 100Day Average: 13.09
  • 150Day Average: 12.65
  • 200Day Average: 12.18

SMFG Indicators & signals

Indicator MACD (12,26,9)

12.86, 12.84, -0.04
Indicator MACD is in positive zone

Indicator ADX (14)

10, 37.93, 31.03
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SMFG Sumitomo Mitsui Financial Group Inc are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Thu Oct 2024 13.05 13.05 to 13.22 0.69% 0.68 times
16 Wed Oct 2024 12.96 12.90 to 12.99 1.01% 0.64 times
15 Tue Oct 2024 12.83 12.80 to 13.09 -2.43% 2.52 times
14 Mon Oct 2024 13.15 13.11 to 13.21 0.31% 0.99 times
11 Fri Oct 2024 13.11 12.76 to 13.19 3.64% 1.21 times
10 Thu Oct 2024 12.65 12.52 to 12.68 1.44% 0.83 times
09 Wed Oct 2024 12.47 12.39 to 12.54 -1.19% 0.65 times
08 Tue Oct 2024 12.62 12.56 to 12.67 -2.77% 0.72 times
07 Mon Oct 2024 12.98 12.88 to 13.07 0.7% 0.95 times
04 Fri Oct 2024 12.89 12.67 to 12.89 3.87% 0.77 times
03 Thu Oct 2024 12.41 12.31 to 12.42 -1.04% 0.72 times
02 Wed Oct 2024 12.54 12.49 to 12.63 -1.26% 0.99 times

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SMFG NEWS why is Sumitomo Mitsui Financial Group Inc price falling or rising

 

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